Searle's revenue fell 20.62% in six months

During the first half of the current financial year, after Searle Company Limited (SEARL), Aztex's revenue has declined by 20.62%. The company's net income declined to Rs 1,155 million from Rs 1,455 million in the previous financial year July-December 2018.

Thus, Searle's after-tax revenue declined by Rs 300 million or 20.62 per cent during the first half of the current financial year as compared to the previous financial year. Shares fell. According to the report, 72.49 per cent decline in other income and 397.22 per cent increase in taxes during the current financial year as compared to the previous financial year are the main reasons for the decline in after-tax profit of the company.